Price Point: The Typical U.S. Home Costs $400,000. Here’s What That Buys in 3 Cities
In this edition of Price Point—a weekly series where Redfin explores current housing inventory across a rotating combination of budgets and metro areas—we’re looking at homes at or under the median U.S. home-sale price of $396,173. In April, the median U.S. home sale price rose 2.4% year over year t
Just Listed in Chicago: A $1 Million Penthouse Condo in a Former Cookie Factory
In this edition of Just Listed–a series from Redfin News that explores homes that are listed by Redfin or Compass agents on Redfin.com–we’re exploring a penthouse in Lincoln Park, Chicago. The three-bedroom condo sits inside a former cookie factory originally built in 1890. Photo credit: Burt Sudhau
Home Purchase Cancellations Are No Longer on the Rise As Demand Ticks Up
Contract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand picked up. Homebuyers were most likely to back out of deals in Atlanta, San Antonio and other Sun Belt metro areas that are big-time buyer
Pending Home Sales Slip for First Time Since Early April as Mortgage Rates Climb
Mortgage rates jumped to a 10-month high, spooking would-be homebuyers and sellers after a few weeks of solid demand. U.S. pending home sales fell 1.1% from a week earlier during the week ending May 17, the first decline since early April. Pending sales are still at their second-highest level since
